Société Nationale des Pétroles du Congo explained

Société nationale des pétroles du Congo
Location Country:	Republic of the Congo
Key People:	Raoul Maixent Ominga
Industry:	oil and gas industry
Products:	petroleum
Owner:	Government of the Republic of the Congo
Subsid:	Congolaise de Raffinage, SNPC D, SFP, Sonarep, Ilogs

Société nationale des pétroles du Congo (the National Petroleum Company of the Congo, SNPC) is a national oil company of the Republic of the Congo. The company was established in 1998 after the dissolution of the public company Hydro-Congo.^[1] The company manages government-owned shares of production from oil fields in the country.^[2] The company has stakes in Moho-Bilondo (15%), Nkossa (15%), M'Boundi (8.8%), Kitina (35%), Sendji (15%), Yanga (15%), Djambala (35%), Foukanda (35%), Mwafi (35%), Emeraude (49%), Yombo (44%), Tilapia (35%), Azurite (15%), and Turquoise Marine-1 (15%) fields.^{[3] [4] [5]} It owns the refinery company named Congolaise de Raffinage (CORAF).^[3]

Notes and References

1. Web site: Case Study: SNPC Integrates Seismic and Well Data Sources for Fast, Secure Access . . 2011-01-09.
2. News: Congo-Brazzaville waits on new fields: Congo-Brazzaville's fortunes have been in decline over the past decade with falling oil output and an economy still limping from the impact of a series of civil wars. But several new oilfields which should come on stream later this year are expected to halt the decline . African Business . Neil . Ford . June 2005 . CBS . 2011-01-09.
3. Book: 2008 Minerals Yearbook . The Mineral Industry of Congo (Brazzaville) in 2008 . April 2010 . . 2011-01-09.
4. News: Murphy Oil Begins Oil Flow at Azurite Field . 2010-05-18 . Rigzone . 2011-01-09.
5. News: Murphy Strikes Black Gold at Turquoise Marine-1 Offshore Congo . 2009-07-17 . Rigzone . 2011-01-09.